Hackers have minted 235 million fake tokens of the digital Pigeoncoin currency by taking advantage of a bitcoin bug, The Next Web reported. As a result, the hackers were able to circumvent the cryptocurrency’s set supply of 21 billion coins. The hackers have not sold or moved their Pigeoncoins, but the reported noted the attack […]
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A new report from cybersecurity experts at FireEye claims a North Korea-led cyber campaign has swindled banks of hundreds of millions of dollars since 2014, and continues to operate as an “active and dangerous” entity. Analysts estimate the group has attempted to steal more than $1.1 billion. According to Wednesday (Oct. 3) reports in the […]
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When the American Production and Inventory Control Society, otherwise known as APICS, formed more than 60 years ago, its very name exemplified how organizations approached improvements in their supply chains. For APICS, that meant targeting companies’ inventory management and production processes. They’re both key parts of overall supply chain management – which itself is evolving […]
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Galaxy Digital CEO Mike Novogratz says Bitcoin is not likely to reach $9,000 in 2018, stressing the industry is selling crypto “just to fund the burn rate.” Mike Novogratz, CEO of crypto investment firm Galaxy Digital Capital Management, has again corrected his Bitcoin (BTC) price forecast. The billionaire investor said he doesn’t expect BTC to […]
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Sierra Leone is set to create a national, blockchain-based credit bureau. On September 27, at the 73rd Session of the U.N. General Assembly (UNGA), Sierra Leone’s president Julius Maada Bio made an announcement where he declared that his country had set a new goal to create a national, blockchain-based credit bureau to “radically transform” the […]
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‘MoneyTap,’ a consumer-focused blockchain payments app co-developed by Ripple and Japanese financial services giant SBI Holdings, has now gone live. Ripple-powered payments app MoneyTap has now gone live, according to an official tweet October 3. The consumer-focused service was co-developed by Ripple and Japanese financial services giant SBI Holdings. According to the product’s website, MoneyTap […]
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Digital wallet Abra has announced that its users can now invest in the new BIT10 token, which tracks the Bitwise 10 Large Cap Crypto Index. Digital currency wallet and exchange Abra has launched support for a new token, BIT10, that tracks the Bitwise 10 Large Cap Crypto Index, according to an announcement published Oct. 3. […]
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A recent study by ReportLink states that blockchain in the U.S. manufacturing market will increase from 2020–2025. A recent report by technology research company ReportLinker shows that blockchain technology in the U.S. manufacturing sector is expected to grow significantly from 2020–2025. While preparing the report, the authors split blockchain usage by application, end use, and […]
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Crypto exchange Poloniex will remove margin and lending products for its U.S.-based customers in order to comply with regulatory requirements. U.S.-based cryptocurrency exchange platform Poloniex will remove margin and lending products for its customers in the U.S and delist three digital assets, according to an announcement published October 3. Poloniex is a cryptocurrency trading platform […]
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Two U.S. representatives have proposed a bill that would, through a working group, find a common definition for blockchain technology for forthcoming legislation. U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. […]
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